financial sector

  1. China creaks under much-needed credit crackdown

    China creaks under much-needed credit crackdown
    THE good news is China is taking a safer route in its approach to financial regulation. That, unfortunately, is also the bad news, as a crackdown on loose lending, especially after a splurge of credit into unproductive sectors, means China’s growth is and will be declining. That is significant not only because China is the world’s buyer of last resort...
  2. Krieger: Wall Street Completely Owns the Trump Administration

    Krieger: Wall Street Completely Owns the Trump Administration
    While America’s corporate press remains singularly obsessed with unproven and likely fabricated Russia-collusion conspiracy theories, Wall Street’s well on its way to getting away with financial murder thanks to an army of cronies embedded within the Trump administration. Indeed, Goldman Sachs running Donald Trump’s economic policy is perhaps the most concerning aspect of his Presidency when it comes to negative impacts on average citizens, yet...

2 Item(s)